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Hotel-Motel

12303 Coastal Hwy

12303 Coastal Hwy, Ocean City, MD 21842

Listing Price: Request For Offer

Number of Rooms
75
RevPAR
$84
Gross SF
46,294
Year Built
2018

Investment Overview

Country Inn & Suites by Radisson, Ocean City, strategically located in Maryland’s vibrant resort town, benefits from a family-friendly atmosphere and lively beach culture. Positioned in the Ocean Pines Micropolitan Statistical Area, the property attracts around 8 million visitors annually.

Ocean City is a top destination for family vacations, drawing East Coast families with pristine beaches and diverse activities like sunbathing, surfing, and fishing. The resort area spans over 9 miles, featuring hotels, shopping centers, and the iconic Ocean City Boardwalk with two amusement parks.

Maintaining a year-round population of about 8,000 residents, Ocean City becomes Maryland’s second most populated town during the bustling summer season. The tourism industry, driven by events like the White Marlin Open, supports various businesses, including hotels.

Winter tourism has grown, with more businesses staying open, driven by golfers and events at the Ocean City Convention Center. Notably, the town commemorates its history with a memorial on the boardwalk, showcasing a strong sense of community.

Country Inn & Suites by Radisson, Ocean City, stands as an attractive investment with its strategic location, family-friendly amenities, and proximity to iconic attractions, catering to visitors seeking the sun, surf, and family fun that defines Ocean City’s appeal.

Investment Highlights

  • Indoor Pool: Enjoy a refreshing swim in the indoor pool, providing entertainment and relaxation regardless of the weather.
  • Fitness Center: Stay active and maintain your workout routine at the on-site fitness center.
  • Business Center: Convenient for guests who need access to business facilities during their stay.
  • Proximity to Northside Park: Located within 1,312 feet of Northside Park, providing easy access to outdoor recreational activities.
  • Close to Convention Center and Boardwalk: The hotel is within reasonable distance from the Roland E. Powell Convention Center & Visitors Info Center and the Ocean City Boardwalk.
  • Airport Accessibility: The nearest airport is Salisbury-Ocean City Wicomico Regional Airport, situated 25 miles away.
  • In-Room Amenities: All air-conditioned rooms are equipped with a mini-refrigerator, microwave, flat-screen cable TV, and a coffee maker for added convenience.
  • Concierge Services: Receive assistance and recommendations from the concierge to enhance your stay.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) MD: 5005538

    Maryland

Financing By

Hotel-Motel

12303 Coastal Hwy

Listing Price: Request For Offer

Number of Rooms
75
RevPAR
$84
Gross SF
46,294
Year Built
2018

Investment Highlights

  • Indoor Pool: Enjoy a refreshing swim in the indoor pool, providing entertainment and relaxation regardless of the weather.
  • Fitness Center: Stay active and maintain your workout routine at the on-site fitness center.
  • Business Center: Convenient for guests who need access to business facilities during their stay.
  • Proximity to Northside Park: Located within 1,312 feet of Northside Park, providing easy access to outdoor recreational activities.
  • Close to Convention Center and Boardwalk: The hotel is within reasonable distance from the Roland E. Powell Convention Center & Visitors Info Center and the Ocean City Boardwalk.
  • Airport Accessibility: The nearest airport is Salisbury-Ocean City Wicomico Regional Airport, situated 25 miles away.
  • In-Room Amenities: All air-conditioned rooms are equipped with a mini-refrigerator, microwave, flat-screen cable TV, and a coffee maker for added convenience.
  • Concierge Services: Receive assistance and recommendations from the concierge to enhance your stay.

Investment Overview

Country Inn & Suites by Radisson, Ocean City, strategically located in Maryland’s vibrant resort town, benefits from a family-friendly atmosphere and lively beach culture. Positioned in the Ocean Pines Micropolitan Statistical Area, the property attracts around 8 million visitors annually. Ocean City is a top destination for family vacations, drawing East Coast families with pristine beaches and diverse activities like sunbathing, surfing, and fishing. The resort area spans over 9 miles, featuring hotels, shopping centers, and the iconic Ocean City Boardwalk with two amusement parks. Maintaining a year-round population of about 8,000 residents, Ocean City becomes Maryland’s second most populated town during the bustling summer season. The tourism industry, driven by events like the White Marlin Open, supports various businesses, including hotels. Winter tourism has grown, with more businesses staying open, driven by golfers and events at the Ocean City Convention Center. Notably, the town commemorates its history with a memorial on the boardwalk, showcasing a strong sense of community. Country Inn & Suites by Radisson, Ocean City, stands as an attractive investment with its strategic location, family-friendly amenities, and proximity to iconic attractions, catering to visitors seeking the sun, surf, and family fun that defines Ocean City’s appeal.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): MD: 5005538

    Maryland

Financing By

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